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Kriya deposits an amount of RS. 65800 to obtain a simple interest at the rate of 14% per annum for 4 yr. What total amount will Kriya get at the end of 4 yr?
A) RS.102648
B) RS.115246
C) RS.125578
D) RS.110324
Correct answer:
A) RS.102648
Description for Correct answer:
Here, P = RS. 65800, R = 14%, T = 4 yr
Hence, SI = \( \Large \frac{65800\times 14\times 4}{100} \)= RS. 36848
Required amount = P + SI
= 65800 + 36848 = RS. 102648
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